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Products → Revenue: $61.6B
Revenue → Cost of revenue: $46.1B
Cost of revenue → Product costs: $39.8B
Revenue → Gross profit: $39.7B
iPhone → Products: $39.3B
Gross profit → Operating profit: $25.4B
Services → Revenue: $24.2B
Operating profit → Net profit: $21.3B
Gross profit → Operating expenses: $14.3B
Watch & AirPods → Products: $8.1B
Operating expenses → R&D: $8.0B
iPad → Products: $7.2B
Mac → Products: $7.0B
Operating expenses → SG&A: $6.3B
Cost of revenue → Service costs: $6.3B
Operating profit → Tax: $4.0B
Other income → Net profit: $0.1B
iPhone: $39.3B
Products: $61.6B
Mac: $7.0B
iPad: $7.2B
Watch & AirPods: $8.1B
Revenue: $85.8B
Services: $24.2B
Gross profit: $39.7B
Cost of revenue: $46.1B
Operating profit: $25.4B
Operating expenses: $14.3B
Product costs: $39.8B
Service costs: $6.3B
Net profit: $21.4B
Tax: $4.0B
Other income: $0.1B
R&D: $8.0B
SG&A: $6.3B
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iPhone
$39.3B
-1% Y/Y
Products
$61.6B
2% Y/Y
Mac
$7.0B
2% Y/Y
iPad
$7.2B
24% Y/Y
Watch & AirPods
$8.1B
-2% Y/Y
Revenue
$85.8B
5% Y/Y
Services
$24.2B
14% Y/Y
Gross profit
$39.7B
9% Y/Y
Cost of revenue
$46.1B
2% Y/Y
Operating profit
$25.4B
10% Y/Y
Operating expenses
$14.3B
7% Y/Y
Product costs
$39.8B
2% Y/Y
Service costs
$6.3B
1% Y/Y
Net profit
$21.4B
8% Y/Y
Tax
$4.0B
42% Y/Y
Other income
$0.1B
R&D
$8.0B
8% Y/Y
SG&A
$6.3B
6% Y/Y
Apple Q3 FY24 Income Statement
2020
Full Year
2021
Full Year
2022
Q4
Full Year
2023
Q1
Q2
Q3
Q4
Full Year
2024
Q1
Q2
Q3
Full Year
2025
Q1
Q2
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